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Aduting after regular intervals

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Meaning of private audit?

when the audit is not a statutory requirement , but is conducted at the desire of owners , such an audit is private audit . the audit is conducted primarily forr their own interest. At times the private audit may become a requirement under tax laws , if the turnover exceeds a specified limit. private audit is of the following types : 1 audit of sole proprietorship 2 ,, ,, partnership firms 3 ,, ,, individuals accounts 4 ,, ,, institutions not covered by statutory audit


What is the meaning of audit pencil?

A double sided pencil with black and red color, preferred by auditors.


What is the difference between audit and due diligence?

usually audit is limited to financial analysis but due diligence is not only analysis of financial statments but also business plan ,sustainablity of business,future aspects ,corporate and management structure,legal issues etc the audit gives us positive assurence that is true and fair view whereas due diligence gives us negative assurence i.e identify the risk if any , audit is of recurring nature but due diligence is occasinal event


Difference between audit plan and audit program?

an audit program may contain several audit plans


What is the process of preparing an audit?

The process of preparation for audit depends on the kind of audit to be performed, it's objective and scope. The scope of the audit is key to the planning process. The planning required or statutory audit is different from internal audit; it also differs from forensic audit?

Related Questions

How do you say audit in latin?

The meaning of "audit" is "hears."


What is a suffix meaning hearing?

The suffix meaning "hearing" is -acusis.


What is the meaning of 'Audit Management'?

The definition of "Audit Management" is to be responsible for ensuring that board-approved audit directives are implemented by the right people and in the correct way.


Meaning of private audit?

when the audit is not a statutory requirement , but is conducted at the desire of owners , such an audit is private audit . the audit is conducted primarily forr their own interest. At times the private audit may become a requirement under tax laws , if the turnover exceeds a specified limit. private audit is of the following types : 1 audit of sole proprietorship 2 ,, ,, partnership firms 3 ,, ,, individuals accounts 4 ,, ,, institutions not covered by statutory audit


What is the meaning of recurring decimal?

Some decimals stop, some keep on going. The ones that repeat are known as recurring decimals.


What is 6 letter word meaning recurring theme?

Repeat


What words have the same meaning as the word often?

frequently....recurring


What is statutory audit What is the exact meaning of statutory audit?

A statutory audit is necessary by law for auditing all company’s financial health and records. In the UAE Audit firms in Dubai provide a statutory audit for all companies in UAE to check financial health by reviewing its accounts & accounting activities. Government organizations in the UAE must have their accounts reviewed by statutory auditors. A company’s shareholders can select any qualified statutory audit firm in UAE at the annual general meeting. For more info refer : What is Statutory Audit | How To Do Statutory Audit of A Company In Dubai


What is the meaning of audit pencil?

A double sided pencil with black and red color, preferred by auditors.


What is the meaning of financial statement level risk?

Financial statement level risks are risks of materials misstatement of the financial statements. These are the same for both audit of financial statements and audit of internal control.


What is the medical term meaning not recurring and with a favorable chance for recovery?

Remitting, or going into remission.Benignbenign


What is the difference between audit and due diligence?

usually audit is limited to financial analysis but due diligence is not only analysis of financial statments but also business plan ,sustainablity of business,future aspects ,corporate and management structure,legal issues etc the audit gives us positive assurence that is true and fair view whereas due diligence gives us negative assurence i.e identify the risk if any , audit is of recurring nature but due diligence is occasinal event